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used by intelligence and observation satellites. the object seems to be orbiting south north at an altitude of 494 kilometers kim said the launch was aimed at furthering the development of intercontinental missiles. members said the north koreans had violated u.n. resolutions. >> members of the security council condemned this launch which is a clear violation of security council resolution 1718 and 1874. >> members have agreed to keep talking about how to deal with the leadership in pyongyang. susan rice says u.s. officials will work with their partners to pursue what she called appropriate action. she said the security council may need to impose additional sanctions. experts say one reason they went what he had the launch was to get the upper hand in negotiations with the u.s. the north koreans have developed the capability to launch missiles that could reach the u.s. mainland. i started asking about the seriousness of these developments. now looking at this as a safety concern. they called the launch is provocative act. >> it undermines the global nonproliferation regime. i
>> welcome to the "journal" coming to you from dw in berlin. >> good to have you with us. our top story this hour -- germany investing 10 billion euros to ensure renewable energy is available. >> will the debate be different in america after the new town school massacre. -- newtown school massacre? >> german policymakers say the countries making good progress and plans to phase out nuclear energy and increase its dependence on renewable energy. >> in berlin this morning, they delivered their first assessment of infrastructure changes that will be needed to phase out nuclear power by 2020. >> with federal elections next year, energy is a key policy issue, and the government says 10 billion euros is being invested to keep the country's infrastructure up to date. >> germany's economics minister and environment ministers say they want to work together to complete the country's energy transformation. in the past, they have squabbled about details, but now, they say they are united. >> we are going to reach our goals. environmental protection by phasing of nuclear energy and expanding t
-- >> in the u.s., president obama makes a last ditch attempt to find a budget compromise. >> in the angry and protests in the streets of regain rate. doctors warn the victim's condition is getting worse. >> and running the sydney yacht race for a sixth time. >> within the next hour, president barack obama is set to meet with top republicans to discuss the nation's looming fiscal clit. white house aides have indicated that obama will discuss measures for avoiding the rest of the automatic spending cuts and tax hikes that will bite if lawmakers fail to come up with a plan. >> pessimism remains the prevailing mood in washington as the january deadline rapidly approaches. neither democrats nor republicans have any new proposals for a workable compromise. >> the starbucks coffee chain has urged its workers in washington, d.c., area to write "come together" on the cups, a plea for party leaders to work out a compromise, but some customers say that is not enough. >> i mean, i like with starbucks is riding on the cups. i wish they would write, like, something else, like "republicans, stop being s
top story this hour. strong criticism from the u.s. and europe over israel's plan to build new settlements. >> the german government comes under fire for the alleged plan to sell tanks to saudi arabia's authoritarian rulers. >> happy birthday, sms. it is the 20th anniversary of the text message. >> israeli ambassadors have been summoned to various european capitals to face criticism over israel's plans to build homes in the west bank. the u.s. also slammed the mood as -- move as "especially damaging." >> israel's prime minister remains especially defiant. they announce the plans to build homes on friday in response to the plan to upgrade palestine to a non-member state. in the israeli ambassador -- >> israeli ambassador daniel taub. paris and berlin called in israeli envoys to express their opposition. they say that israel is sending an negative message in the midst of national -- international peace efforts. >> israel is undermining competency -- confidence. >> israel says it will build 3000 settler homes in eastern jerusalem and the west bank. also plans to accelerate constru
the possibility that opposition fighters bhimight win the sif w. they've been calling for more talks, but u.s. president barack obama says they recognize the opposition coalition as the only legitimate representative of the people. the head of nato thinks president assad has his back to the wall. he said the government's collapse is only a question of time. >> i think the regime in damascus is approaching collapse. >> he urged syrian leaders to stop the violence, understand the situation they're in and initiate a process that would lead to realizing the legitimate aspirations of the syrian people. nato officials say they won't intervene militarily. they said it could destabilize the region. instead they will increase pressure by deploying interceptor missiles along the turkey border. aid workers is say more than a million people across syria don't have enough to eat. they're warning the problem will only get worse. pedro heads the organization's new york office. he said the number of people needing help has tripled orr the last six months. >> they have serious problems in terms of having acce
offers his resignation. >> the debate over u.s. gun- control laws heats up. >> we take a look at the difficulties north korean refugees face in adjusting to their new lives and freedom. >> well, egypt's opposition is gearing up for new protests today against a constitution drafted by the ruling islamists. the second round of voting is due at the weekend, but the opposition are crying foul, alleging widespread voting violations. the process has been thrown into further disarray after the resignation of the cross secure general. >> it is a month since president morsi put him on the job. protesters sought the appointment as an attack on the judiciary. the judiciary, like the population, is split over the vote on the constitution and the way it was drafted. opponents say it was rushed through and failed to protect the rights of minorities. >> well, we are now being joined by our correspondent on the line from cairo. thanks for joining us. with a group of judges saying they will boycott supervision on the second round of voting referendum, will the result be valid? >> pressure is i
ministers approved a loan just last week. now the greeks have announced one way they will use the funds. what's the latest? >> one of the requirements for greek receiving the bailout fund is they cut down their debt. they will buy back government bonds a t a discount. greek officials said on monday they will purchase the bonds from private financial institutions. they will pay 30 to 40% of the original price before the bonds mature. the announcement came a week after euro zone finance ministers agreed to offer 43.7 billion euros. that's about $57 billion. greek officials said the creditor institutions will receive bonds issued by the euro zone's bail out fund instead of cash. the buy back program is a condition leaders must fulfill to receive the next cash infusion. the success depends on the bond holders. finance chiefs met in brussels to discuss how to proceed with extending eight degrees. euro president said the region's financial authorities will monitor greece's bond buying back program. he says the finance ministers will sign off in the next round of loans to greece when they meet
. that is the same as the vatican. >> only a handful of countries voted against the move, including the u.s. and israel. both threaten to sanction palestinian request. israel today announced the construction of 3000 more settler homes in response. >> many hope it will be for step toward independence and true statehood. >> life remains the same in the palestinian territories, but many say the united nations vote has given them a new outlook. >> it is a beautiful feeling. there's hope that our children will grow up in an independent nation with its own voice, and that is a feeling that is hard to describe it. >> the decision came after a powerful appeal by the palestinian authority president in new york. >> the general assembly is called upon today to issue a birth certificate of the reality of the state of palestine. >> 138 generally assembly -- general assembly members voted in favor of upgrading palestine to the status of nonmember observers say. israel opposed the status change, saying the resolution will not help further the peace process. >> the truth is nothing will change if they cont
building institutions upon this foundation. if it is rejected, i will use my authority and duty to create a new constitutional assembly based on an agreement or on direct elections for a new assembly. >> the president's supporters have also been taking to the streets, this time for the funerals of two demonstrators who were killed in clashes with opposition protesters earlier in the week. meanwhile, the german foreign minister says the violence puts the legacy of the revolution at risk. m e to pose a political powers must come together in a dialogue. they must develop a dialogue, when it takes into account all elements of society. >> so far, the call is not being heated. the main opposition groups have rejected offers of talks on saturday. >> for more, we go live to cairo. we mentioned the reports that protesters have broken through the barricade at the palace. how tense is the situation in cairo right now? >> [inaudible] >> a cake, we have to leave you there. we are having some trouble with the line, but thanks so much for joining us from cairo, and we apologize for the quality of that c
in setting monetary policy. >>> in the u.s. president barack obama and republican house speaker john boehner are scrambling to avoid the looming fiscal cliff. they're trying to reach an agreement on how to tax the wealthy. the president offered to limit tax hikes for people earning more than $400,000 a year. instead of his original proposal of $250,000. but republicans are calling for more concessions. >> what we've offered meets the definition of balance. but the president is not there yet. >> boehner said he will submit a bill to the house later this week proposing higher taxes only on people with income over $1 million a year. white house spokesperson jay carney said the two sides are close to a deal. >> the president has demonstrated obvious willingness to compromise and to move more than halfway. toward the republicans. >> spending cuts and tax increases including hikes on the middle class are set to take effect in the new year. the democrats and republicans will need to reach an agreement before then or the u.s. could face a recession. >>> let's check on the markets for this wednesday
are being corrected. this is bringing us closer to true banking union. fiscal union is way down the line. that would involve having to change eu treaties, and that is not something that anybody wants here at the moment. we are still in the middle of a crisis. we are a bit more stable than we were a couple of months ago. that's what everybody has been saying here, but this union is not something that we can tackle quite yet. this meeting is about figuring out where we want to go. there will not be any decisions today. >> we have heard that before. thank you very much. >> in another attempt to remedy the eurozone crisis, european finance ministers have said yes to releasing more aid to greece. in a 50 billion euros were freed up on thursday for athens -- >> the 50 billion euros were freed up on thursday for athens. >> there are some who believe it is nothing more than a band-aid. >> emotions spilled over as workers tried to storm a meeting between greek and german officials today are angry over layoffs that are part of broad austerity measures. greeks see the reason to believe next year wi
keeps coming to mind as i try to follow the melodrama in washington that has us heading for a cliff. a fiscal cliff. but are we? or is this, another myth in the making? for some insight, we turn to two seasoned observers both of whose books you'll want to as santa to leave in your stocking. bruce bartlett was an economic adviser to the supply-side icon jack kemp, and to two presidents -- ronald reagan and the first george bush. he got into hot water with his conservative cohorts when he wrote a widely quoted book critical of the second president bush. his most recent work is "the benefit and the burden: tax reform-why we need it and what it will take." yves smith is the founder and editor of the popular blog naked capitalism. after 25 years in the financial services industry, she now heads the management consulting firm aurora advisors. she's the author of this book: "econned: how unenlightened self interest undermined democracy and corrupted capitalism." welcome to you both. >> thank you. >> thank you. >> is the fiscal cliff just a metaphor? or is it for real? >> well, the cliff is
. >> thank you for joining us. the israeli prime minister benjamin netanyahu has arrived in berlin, where he is expected to face criticism for his plans to expand settlements in the west bank and east jerusalem. before then, he stopped off in the czech republic. >> prague was the only government to vote no on the palestinian bid to gain non- member status. >> chancellor angela merkel has sought to reassert -- reassure the party's traditional wing. >> chancellor merkel's party conference went just the way she scripted it. was reelected chair with a record vote. there was no doubt criticism of her -- no loud criticism of her. >> our discussions here, especially on the outline we put forward, show that the christian democratic union is a foundation for a strong germany, a journey in which everyone gets a fair chance -- a germany in which everyone gets a fair chance. >> the party has rallied behind her ahead of next year's election, including traditional conservatives who have been could assert -- critical of her positions at times. >> we would be foolish not to take advantage of the recognition
Search Results 0 to 12 of about 13